Baozun Inc (BZUN) Receives $46.21 Consensus PT from Brokerages

Shares of Baozun Inc (NASDAQ:BZUN) have received an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $46.21.

A number of brokerages recently weighed in on BZUN. Zacks Investment Research raised Baozun from a “sell” rating to a “hold” rating in a report on Saturday, July 14th. BidaskClub cut Baozun from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Mount Yale Investment Advisors LLC bought a new position in Baozun during the 1st quarter worth approximately $110,000. Northwestern Mutual Wealth Management Co. bought a new position in Baozun during the 2nd quarter worth approximately $172,000. FundX Investment Group LLC bought a new position in Baozun during the 2nd quarter worth approximately $209,000. Ladenburg Thalmann Financial Services Inc. grew its position in Baozun by 2,531.6% during the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,000 shares of the technology company’s stock worth $183,000 after acquiring an additional 3,848 shares during the last quarter. Finally, Kovack Advisors Inc. bought a new position in Baozun during the 1st quarter worth approximately $211,000. 49.34% of the stock is currently owned by institutional investors.

Shares of NASDAQ BZUN traded up $1.44 during trading hours on Thursday, reaching $41.44. 1,066,882 shares of the stock traded hands, compared to its average volume of 2,260,852. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 74.53 and a beta of 3.73. The company has a current ratio of 2.12, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. Baozun has a 52-week low of $26.77 and a 52-week high of $67.41.

Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Tuesday, August 14th. The technology company reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.87. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Baozun had a return on equity of 12.12% and a net margin of 4.85%. Baozun’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period last year, the firm posted $0.73 EPS. On average, analysts forecast that Baozun will post 0.9 EPS for the current fiscal year.

Baozun Company Profile

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.

Read More: Market Capitalization and Individual Investors

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